| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 4,964.22 | 2,166.64 | 129.12 | 3,262.97 | 52.138 |
| Gross Profit (Loss) | 2,302.42 | 647.83 | 255.404 | 1,212.17 | 89.942 |
| Operational Profit (Loss) | 2,218.5 | 544.67 | 307.31 | 1,060.75 | 109.144 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 2,149.21 | 532.82 | 303.365 | 977.71 | 119.82 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 2,102.27 | 501.97 | 318.803 | 983.43 | 113.769 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 17,372 | 14,127 | 22.97 |
| Profit (Loss) per Share | 2.33 | 0.58 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The main reason for the increase in revenues during the current quarter compared to the same quarter of last year was due to: - The increase in the revenues of multiple business units, particularly Bahri Oil BU, increased by SAR 2.6 billion and Bahri Chemicals BU, increased by SAR 101 million, as a result of increase in operational activities and the rise in global shipping rates during the current quarter compared to the same quarter of last year. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The main reason for the increase in net profit during the current quarter compared to the same quarter of last year was due to: - The increase in gross profit by SAR 1.65 billion, mainly due to improved operational performance and higher global shipping rates of multiple business units, which positively impacted the Company’s performance, particularly Bahri Oil BU, where its gross profit increased by SAR 1.5 billion and Bahri Chemicals BU increased by SAR 146 million during the current quarter compared to the same quarter of last year. The increase in net profit was partially offset by lower share of profits from equity-accounted investees by SAR 19 million and higher finance costs by SAR 17 million during the current quarter compared to the same quarter of last year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The main reason for the increase in revenues during the current quarter compared to the previous quarter was due to: - The increase in the revenues of multiple business units, particularly Bahri Oil BU, increased by SAR 1.6 billion and Bahri Chemicals BU, increased by SAR 158 million, as a result of increase in operational activities and the rise in global shipping rates during the current quarter compared to the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The main reason for the increase in net profit during the current quarter compared to the previous quarter was due to: - The increase in gross profit by SAR 1.1 billion, mainly due to improved operational performance and higher global shipping rates, which positively impacted the Company’s performance, particularly Bahri Oil BU, where its gross profit increased by SAR 912 million, and Bahri Chemicals BU, increased by SAR 172 million during the current quarter compared to the previous quarter. - The increase in the share of profits from equity-accounted investees by SAR 48 million, in addition to a decrease in general and administrative expenses during the current quarter compared to the previous quarter. However, the increase in net profit was partially offset by a decrease in other income and higher zakat expense during the current quarter compared to the previous quarter. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Certain comparative figures of the prior period have been reclassified to align with the presentation of the current period. |
| Additional Information | For more information, please refer to the Earnings Release attached to the announcement. |
| Attached Documents | Attached Documents |
